Varun Beverages Reports 5% Rise in Q2 2025 Net Profit Despite Dip in Sales Volumes

Varun Beverages Ltd (VBL) reported a 5% year-on-year increase in net profit for the second quarter of 2025, overcoming a 3% decline in consolidated sales volumes attributed to early monsoon rains affecting demand. In a move reflecting strong shareholder returns, the company also declared a 25% interim dividend. Additionally, VBL expanded its international footprint by […]

Waaree Energies Likely to Post Q1 FY26 Net Profit of ₹649–652 Crore; Net Sales May Rise Up to 32% YoY

Waaree Energies is expected to deliver a strong financial performance for the first quarter of FY26, with estimates placing net profit in the range of ₹649–652 crore. This would mark a significant year-on-year (YoY) growth, reflecting the company’s continued expansion and operational efficiency. Net sales for the quarter are projected to rise by 31–32% YoY, […]

L&T Technology Services Secures $60 Million Multi-Year Deal with US Telecom Giant

L&T Technology Services (LTTS) has announced a multi-year contract worth $60 million with a leading US-based telecommunications company. The agreement focuses on delivering advanced network software development and engineering services, marking a strategic step in expanding LTTS’s presence in the global telecom market. As part of the deal, LTTS will establish a dedicated delivery center […]

SAIL Reports 89% YoY Profit Surge in Q1 FY26

Steel Authority of India Limited (SAIL) reported an impressive 89% year-on-year increase in net profit for the first quarter of FY26, reaching ₹744.58 crore. The strong performance was attributed to operational efficiencies and sustained domestic demand. In the post-earnings briefing, SAIL Chairman and Managing Director underscored the positive influence of the India-UK Comprehensive Economic and […]

Finolex Cables Posts Q4 Growth; Jefferies Maintains ‘Buy’ Rating

Finolex Cables Ltd reported a 13.82% year-on-year increase in standalone net sales for the quarter ended March 2025, reaching ₹1,594.58 crore. The company’s net profit rose by 3.86% to ₹151.86 crore, while EBITDA improved by 5.95%, reflecting consistent operational performance. Earnings per share (EPS) also moved up to ₹9.93, signaling steady earnings growth. Despite the […]